Sugar No. 11 Futures

Agriculture · Monthly series · CM-SB1.ICEUS

Latest, October 2026

19.36 USX/LBR

+4.0% from September 2026

Open interactive chartSugar No. 11 Futures in the app

29.4119.8910.37November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 18.43 USX/LBR, with an 80% interval of 13.68 USX/LBR to 26.08 USX/LBR.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 202619.38 USX/LBR18.31 USX/LBR20.60 USX/LBR
December 202619.23 USX/LBR16.97 USX/LBR22.04 USX/LBR
January 202719.16 USX/LBR16.57 USX/LBR22.51 USX/LBR
February 202719.05 USX/LBR15.84 USX/LBR23.38 USX/LBR
March 202718.94 USX/LBR14.66 USX/LBR24.91 USX/LBR
April 202718.82 USX/LBR13.50 USX/LBR26.43 USX/LBR
May 202718.75 USX/LBR14.35 USX/LBR25.21 USX/LBR
June 202718.67 USX/LBR12.84 USX/LBR27.54 USX/LBR
July 202718.58 USX/LBR12.68 USX/LBR27.72 USX/LBR
August 202718.53 USX/LBR11.62 USX/LBR29.41 USX/LBR
September 202718.49 USX/LBR11.96 USX/LBR29.06 USX/LBR
October 202718.43 USX/LBR13.68 USX/LBR26.08 USX/LBR

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Supported evidence

The point forecast beat the no-change baseline overall and in a majority of the evaluated tests.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+11%Beats the no-change baseline over 12 tests (12 tests, 7 won)
Direction
65%No clear edge over a coin flip (93 of 144 calls right in 12 tests)
Turning points
14 of 66Anticipated some turns (66 turns in 12 tests, 0 without a turn)
Error vs baseline
11% lowerError ratio 0.89; 1.00 is a tie.
Tests won
7 / 12Complete rolling backtests; ties count as no win.
Test period
2014-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
81%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 75% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 202619.36 USX/LBR
September 202618.61 USX/LBR
August 202617.81 USX/LBR
July 202614.66 USX/LBR
June 202614.82 USX/LBR
May 202614.06 USX/LBR
April 202614.61 USX/LBR
March 202615.52 USX/LBR
February 202613.89 USX/LBR
January 202614.27 USX/LBR
December 202515.01 USX/LBR
November 202515.21 USX/LBR
October 202514.43 USX/LBR
September 202516.60 USX/LBR
August 202516.37 USX/LBR
July 202516.35 USX/LBR
June 202516.20 USX/LBR
May 202517.05 USX/LBR
April 202517.25 USX/LBR
March 202518.86 USX/LBR
February 202518.52 USX/LBR
January 202519.35 USX/LBR
December 202419.26 USX/LBR
November 202421.08 USX/LBR

Source

Data: public market data feeds.

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